Showing 71 - 80 of 1,163
UHG to invest B3.1bn to develop two new hotels
Business, Kanana Katharangsiporn, Published on 07/10/2023
» Hotel and office developer UHG plans to invest 3.1 billion baht to develop two new hotels in the Ramkhamhaeng and Phaya Thai areas to capitalise on the potential of these locations and meet high demand from its hotels nearby.
MQDC to launch new project in Pattaya
Business, Kanana Katharangsiporn, Published on 05/10/2023
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) is eager to launch a new mixed-use project in Pattaya next year, following a residential unit transfer worth 10 billion baht at its mega-project The Forestias in early 2024.
Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Foreign demand continues to surge in H1
Business, Kanana Katharangsiporn, Published on 19/09/2023
» While the number of local buyers in the condo market has slowed, foreign demand continued to surge, accounting for 24.6% of the total transfer value nationwide in the first half of 2023, up from 20.5% last year, led by Chinese buyers.
Developers seek state aid for agricultural sector
Business, Kanana Katharangsiporn, Published on 15/09/2023
» The government should bolster the provincial economy by enhancing the agricultural sector as this will create a ripple effect in Bangkok and ultimately stimulate demand for housing nationwide, say developers in the Northeast.
Call for measures to boost Chiang Mai housing sector
Business, Kanana Katharangsiporn, Published on 13/09/2023
» The Chiang Mai housing market is expected to recover next year, but the government should implement measures to enhance home purchasing power, according to local developers.
Developers warned over unsold homes
Business, Kanana Katharangsiporn, Published on 12/09/2023
» Kasikorn Research Center has warned developers to be more cautious about launching new residential supply due to increasing amounts of unsold inventory, rising costs, and a declining population.
Bangkok new condo sales remain low in second quarter
Business, Kanana Katharangsiporn, Published on 08/09/2023
» Sales of new condo supply launched in Bangkok in the second quarter remained low as buyers continued to opt for units that are ready to move in to avoid mortgage rejections.
Perks needed to up demand
Business, Kanana Katharangsiporn, Published on 29/08/2023
» Property incentives are needed to boost residential demand during the remainder of the year as the number of housing transfers and sales in the second quarter continued to drop, according to the Real Estate Information Center (REIC).